Sustainable Finance: News, Analysis, Commentary May 26, 2016

Sustainable Finance: News, Analysis, Commentary l Bloomberg Brief

May 26, 2016

  • GREEN BONDS: Investors expect more automakers to tap the green bond market. Led by the financial arms of Toyota Motor Corp. and Hyundai Motor Co., companies have raised $2.5 billion so far in 2016 from green bonds to finance electric and hybrid vehicles.

    OIL: Climate change proposals didn't get majority support from shareholders at Exxon Mobil Corp. and Chevron Corp. annual meetings on Wednesday. But two proposals got closer than ever to crossing the finish.

    Q&A: Wealth advisers should consider social implications of investments, David Lynch, president and deputy chief investment officer at $5.9 billion asset manager Athena Capital Advisors says.

    ALSO INSIDE: San Francisco issues a green bond for water infrastructure; Gender diversity yields higher stock market returns and less volatility according to a Morgan Stanley analysis; Clean energy jobs surpassed oil drilling jobs in the U.S. for the first time; Norway's sovereign wealth fund faces wider coal ban; Countries with lower credit ratings are seen more vulnerable to climate change.